According to data released by the Italian National Bureau of Statistics on the 16th, Italy's consumer price index rose 1.6% year on year in May, lower than the 1.7% estimated by the Bureau of Statistics, and also lower than 1.9% in April, a new low since February this year. This is the 20th month in a row that Italy's inflation rate fell below the ECB's 2% target.

According to data released by the Italian National Bureau of Statistics on the 16th, Italy's consumer price index rose 1.6% year on year in May, lower than the 1.7% estimated by the Bureau of Statistics, and also lower than 1.9% in April, a new low since February this year. This is the 20th month in a row that Italy's inflation rate fell below the ECB's 2% target.